One thing I always wonder is if it actually could end poverty 22 times over.

i mean, rich people hoarding money is increasing moneys scarcity for everyone else, theoretically increasing its value. And if it were suddenly distibuted fairly, it’d lose value and there would be a higher cut off for what’s considered poverty. on the other hand, a lot of their money is funny money, like being tied up in stocks and not actually worth as much in currency compared to what is said (if they sold the stock, the value would drop and they’d get less).

so i’m actually curious if anyone ever did an analysis of what would happen if e.g. the wealth of the top 0.1% is evenly spread across the population.

of course that’s super complex and hard to say what the social effects would be. But the simplistic ‘everyone would get x dollars, poverty limit is y, x > y, so no more poverty’, while useful to show the scale, always sounded too naive to me.